Print or digital, Monotype (NASDAQ:TYPE) has always created value through type.

Press Releases

Monotype press releases are provided for historical purposes only. Information contained in Monotype press releases is accurate only as of the date they are issued originally. Monotype has no obligation to update the information contained in press releases after their date of issuance.

Olapic’s New “Psychology of Following” Report Details How Consumers Define Influencers, Why They Follow and How They Act on Recommendations Social influencers increasingly have greater impact on consumer brand awareness and purchase considerations, as 31 percent of consumers across the U.S. and Europe said they have purchased a product or service based on a social influencer post. This finding came from the new “Psychology of Following” survey, commissioned by Olapic and conducted by CITE Research. The survey polled 4,000 active social media consumers ages 16-61, across the U.S., U.K., France and Germany, to better understand the psychology behind why consumers follow, listen to and trust social media influencers and how they act on those recommendations. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171214005418/en/ “Through our extensive work with brands, we’ve found that influencer content is most resonant and powerful...

Monotype Imaging Holdings Inc. (Nasdaq: TYPE) today announced a restructuring of the Olapic business designed to accelerate its integration into the core Monotype business, thereby helping Monotype to drive improved growth and customer value for the Olapic offerings, and to calibrate investments to better support the Olapic business over time. As a result, Monotype has reduced its headcount by 80 positions, primarily Olapic employees. “As mentioned on our Q3 earnings call, we’ve learned a lot about the Olapic business in the last year. We believe that integrating the go-to-market teams and focusing our efforts on key vertical markets will help us drive faster growth and better serve our customers over the long term,” said Scott Landers, president and CEO at Monotype. “By aligning the products, programs and people to the market opportunities, we anticipate that the Olapic business will be breakeven for the full year in 2018, sooner than originally expected.” Landers continued,...

Creative Professional grows 13 percent organically; OEM stabilization ahead of schedule; and profitability exceeds expectations Monotype Imaging Holdings Inc. (Nasdaq: TYPE) today announced financial results for the third quarter ended September 30, 2017. Third quarter 2017 highlights Revenue for the quarter was $60.5 million, an increase of 16%, year over year. Pro Forma non-GAAP revenue for the quarter was $61.0 million. Creative Professional revenue was $34.5 million, up 24%, year over year, 13% organically. Net income was $1.3 million. Non-GAAP net adjusted EBITDA was $15.9 million, or 26% of revenue, which outperformed expectations. Pro Forma non-GAAP net adjusted EBITDA was $16.5 million, or 27% of Pro Forma non-GAAP revenue. Approximately 80% of estimated printer revenue was under recurring fixed fee arrangements at the close of the quarter. “We are pleased with our strong third quarter results, highlighted by continued growth in Creative Professional, and better than expected...